v3.25.2
Restructuring and Other
6 Months Ended
Jun. 30, 2025
Expense Of Restructuring Activities And Other [Abstract]  
Restructuring and Other
(16)
Restructuring and Other

The Company recorded restructuring and other charges of $5 and $21 during the three and six months ended June 30, 2025, respectively, primarily related to severance costs incurred as a result of a cost saving initiative implemented during the first quarter of 2025, mainly in the general metal finishing business within MSD. The Company recorded restructuring and other charges of $2 and $5 during the three and six months ended June 30, 2024, respectively, primarily related to severance costs incurred as a result of a global cost-saving initiative implemented in the fourth quarter of 2023.

The activity related to the Company’s restructuring accrual is shown below:

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

Beginning of period

 

$

3

 

 

$

9

 

Charged to expense

 

 

19

 

 

 

4

 

Payments and adjustments

 

 

(7

)

 

 

(6

)

End of period

 

$

15

 

 

$

7